Palistar Capital-backed Harmoni Towers completed the acquisition of Parallel Infrastructure from Apollo Global.

Palistar Capital-backed Harmoni Towers, a provider of telecommunication services, completed the acquisition of Parallel Infrastructure, an operator of a telecommunications platform intended to provide critical telecommunications infrastructure, from Apollo Global, a private equity firm. Financial terms were not disclosed. "We are excited to close on this transaction in partnership with the Parallel team as we seek to grow and enhance the solutions we provide to clients," Lawrence Gleason, Harmoni CEO.